{"@context":"https://schema.org","@type":"DefinedTerm","name":"liability limit","description":"When a cargo claim is filed, the liability limit defines the maximum compensation a carrier or logistics provider must pay, regardless of the actual extent of the loss. The claimant receives whichever is lower: the proven damage or the contractual ceiling. Several international conventions establish standard limits – the CMR Convention, for example, calculates road freight liability on the basis of the gross weight of the goods affected. For high-value shipments, shippers routinely declare the c","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/liability-limit-2","inLanguage":"en","dateModified":"2026-06-26T17:38:05.730310","citation":"https://www.investopedia.com/terms/l/liability.asp","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/liability-limit-2","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"liability limit · When a cargo claim is filed, the liability limit defines the maximum compensation a carrier or logistics provider must pay, regardless of the actual extent of the loss. · Quelle: https://www.investopedia.com/terms/l/liability.asp"}